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Atom Company just began business and made the following four inventory purchases in June: June 1 150 units $825 June 10 200 unit 1,120 June

Atom Company just began business and made the following four inventory purchases in June:

June 1 150 units $825

June 10 200 unit 1,120

June 15 200 units 1,140

June 28 150 unit 885 $3,970

A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is

a) $1,475.

b)$1,455.

c) $1,425.

d) $1,385.

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